Page 190 - CityofSaginawFY25Budget

CITY OF SAGINAW
ENTERPRISE FUND SUMMARY OF

REVENUES AND EXPENDITURES

YEAR-END REVISED ADOPTED
ACTUAL BUDGET BUDGET
2022-2023 2023-2024 2024-2025

REVENUES
Tsf. From W/WW Escrow Fund $ 355,070 $ 263,825 $ 360,000
Tsf. From Drainage Utility-Reimb Salaries 101,110 123,600 134,450
Water Sales 7,331,478 6,425,000 5,185,535
Wastewater Service 3,613,244 4,015,000 3,791,405
Water Tap Fees 9,954 70,000 33,000
Wastewater Tap Fees 2,275 32,000 11,000
Wastewater Surcharge 2,268,385 1,980,000 1,834,150
Penalties 232,345 280,000 265,000
Other Income 76,935 60,000 60,215
Grant Proceeds - ARPA 157,655 691,220 -
Interest on Investments 438,102 540,000 450,000
Bond Proceeds - - 4,200,000
Use of Fund Balance -

TOTAL REVENUES $ 14,586,553 $ 14,480,645 $ 16,324,755

EXPENSES
Personal Services $ 1,620,600 $ 2,009,385 $ 2,063,155
Operating 792,483 863,490 860,755
Debt Payments 165,642 170,175 172,105
Water Purchase from Fort Worth 3,560,727 3,732,500 3,016,535
Wastewater Service from Fort Worth 4,496,827 5,431,935 4,216,935
Capital Outlay 630,049 988,575 -
Water Department Total $ 11,266,328 $ 13,196,060 $ 10,329,485

Transfers $ 957,090 $ 1,141,160 $ 1,300,820
W&WW Capital Projects 1,319,186 707,290 5,959,005

TOTAL EXPENSES $ 13,542,604 $ 15,044,510 $ 17,589,310

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